Our Process
5 Steps To Owning A Franchise
Understanding You: Our journey begins with understanding you – your goals, passions, skills, and investment capacity. We believe in a personalized approach because your dream deserves more than a one-size-fits-all solution.
Market Analysis: Armed with insights into your aspirations, Steven conducts a thorough market analysis to identify franchise opportunities that are not just profitable but also resonate with your personal and professional values.
Selecting the Right Franchise: We present you with a curated list of franchising opportunities, providing detailed information about each. Steven helps you weigh the pros and cons, ensuring that your choice is informed and strategic.
Navigating the Process: From initial discussions to signing the franchise agreement, Steven is there every step of the way. His expertise ensures that you understand the legal and financial aspects of franchising, making the process smooth and transparent.
Continuous Support: Our relationship doesn’t end with your franchise purchase. Steven remains committed to your success, offering ongoing support and advice to help you thrive in your new business venture.
Client Testimonials
Don’t just take our word for it. Here’s what some of our clients have to say about their experience with Steven Rose and SpinFran:
"Steven’s guidance was invaluable. He helped me find a franchise that not only fits my budget but also my passion for health and wellness." – Sarah L.
"I never knew how complex choosing a franchise could be. Steven made it seem so simple and was there every step of the way. I couldn’t have done it without him!" – Mark T.
Ready to Take the Leap?
Embarking on a franchise journey is a significant step, but you don’t have to do it alone. With Steven Rose and SpinFran, you gain a partner who is as invested in your success as you are.
Contact us today to schedule a consultation and start your journey towards successful franchise ownership. Remember, your entrepreneurial future awaits, and with the right guidance, the possibilities are endless.
Take Charge
You have made the decision to control your financial future by purchasing a business. Owning a business is the greatest way to build wealth and take charge of your own destiny. Congratulations for contacting SpinFran Group, you’ve selected the best in the industry! Now the process begins to help find and acquire the right business for you.
Evaluation
All buyers should meet me in person, however, if that is not possible due to distance, continuous communication by phone, Zoom or email can be effective. We begin our process by gathering detailed information about you to establish your financial capabilities, your skills and experiences, and your personal life goals. This information helps us gain your commitment to the process and determine the best types of business to pursue. Once this is completed, we will start your search using my considerable market basket of resources.
Search
Now the hard work begins. We will help you search for your business, aid you in signing confidentiality disclosures, get you detailed information on the business, and set up showings with the seller. We will refine your business search and visit opportunities until you decide on a business to purchase. If your search takes longer than a few months, you may need to return to the education step.
Offer
We will share with you our expertise in deal structure, by helping you draft a contingent offer on a business that you would like to buy. A purchase and sale agreement will be presented to the seller with a deposit of good faith held in escrow to demonstrate your seriousness. After any negotiations, you should be left with an executed contingent purchase agreement to buy a business.
Due Diligence
This period is where you fully inspect the owner’s representations are accurate. We will coordinate the efforts of your legal and accounting professionals and strive to satisfy all contingencies. If there is financing involved your application must be approved by the lender, proving that you are qualified for repayment of the loan.
Closing
Final preparations will be made for lease assignments, utility transfers, financing, merchant service accounts, inventory counts and any other last minute preparations to make the transfer as seamless as possible. Your acquisition will usually be completed by an attorney with the signing of several documents and the payment of the balance of the purchase price.
Post Closing
Transitional training by the seller may include meetings with employees and clients, technical education, computer updating, and other essential knowledge transfer. We will be available to assist you with any questions or post closing requirements you may have. Remember what you have learned throughout this process, because when the time comes, I will still be here to help you sell your business.
Many additional questions may arise during the buying process. Please do not hesitate to have us explain in detail any portion of this process. You will discover that, with my assistance, you can have a successful experience purchasing and owning your own business.